Altigreen, Bolt.Earth partner to deploy charging infra for E3Ws in India
Indian EV maker Altigreen has announced strategic partnership with charging infra firm Bolt.Earth to address range anxiety among users of electric three-wheelers (E3Ws) in the country. The companies are planning to co-deploy over 5000 affordable 3.3 kW charging points across India in the next 3 years, with 100 charging points targeted in the first month.
Given the recent demand spike for E3Ws for last-mile delivery applications in the country, with the L5N (goods) category commanding 21 percent penetration at present, the partners feel that range anxiety is deterring users in the segment from transitioning to electric vehicles at large numbers.
Considering the absence of robust public charging infrastructure in the country, the company believe that timely deployment of affordable charging solutions can prove instrumental in removing the critical obstacles to E3W adoption.
Dr. Amitabh Saran, Founder and CEO, Altigreen, commented on the development, "The partnership will increase EV confidence among Altigreen's customers, dealers, and lease operators, through accessible and cost-effective charging. By joining forces, we are addressing the pressing issue of range anxiety that has hindered the widespread adoption of electric 3-wheelers".
"Through the deployment of accessible and affordable charging points, we aim to empower users and instill confidence in the potential of electric vehicles. This partnership is a stride towards a future where electric mobility is seamlessly integrated into our everyday lives", he added.
Head of Strategy and Thought Leadership at Bolt.Earth, Mr. Raghav Bharadwaj, said, "Bolt.Earth is dedicated to revolutionizing the worldwide EV landscape through the provision of easily accessible charging infrastructure".
"Our partnership with Altigreen is in perfect alignment with our mission to position India as a prominent hub for the electric three-wheeler market. This alliance will ensure that EV auto drivers across all regions have hassle-free access to our cutting-edge charging facilities. We eagerly anticipate collaborating with esteemed partners like Altigreen as we strive to bolster India's EV ecosystem", he added.
The partnering companies are targeting rapid expansion goals, recognizing the need for urgent and decisive measures in the quest for a sustainable EV-charging ecosystem. They are also embarking on in-store and on-the-ground campaigns to promote electric mobility and charging opportunities in the country.